Penny Chenery Net Worth: How Much Did the 'Secretariat' Owner Make? (2024)

Penny Chenery Net Worth: A Fascinating Look at the Life and Legacy of the First Female President of the Thoroughbred Owners and Breeders Association

Penny Chenery was a trailblazing figure in the world of horse racing. She was the first woman to be elected president of the Thoroughbred Owners and Breeders Association, and she was also the owner of the legendary racehorse Secretariat. Chenery’s net worth is estimated to be around $100 million, and she has used her wealth to support a variety of charitable causes.

In this article, we will take a closer look at Penny Chenery’s life and legacy. We will explore her early years, her career in horse racing, and her impact on the sport. We will also discuss her net worth and how she has used her wealth to give back to the community.

By the end of this article, you will have a better understanding of Penny Chenery’s remarkable life and her lasting impact on the world of horse racing.

Penny Chenery’s Early Life and Career

Penny Chenery was born on January 29, 1922, in Charlottesville, Virginia. She was the daughter of Christopher Chenery, a prominent horse breeder, and Ruth Dudley, a socialite. Chenery grew up in a wealthy and privileged household, and she developed a love of horses at an early age.

After graduating from Vassar College in 1944, Chenery worked as a reporter for the Washington Post. In 1947, she married John Tweedy, a stockbroker. The couple had two children together, a son and a daughter.

In 1969, Chenery’s father died, and she inherited his horse-breeding business, Meadow Stable. Chenery was not interested in horse racing, but she decided to keep the business going out of respect for her father.

In 1973, Chenery’s horse Secretariat won the Triple Crown. Secretariat was the first horse to win the Triple Crown in 25 years, and his victory made Chenery a household name.

Chenery continued to run Meadow Stable for several years, and she produced several other successful racehorses. In 1983, she sold the business to the Coca-Cola Company.

Chenery died on July 11, 2010, at the age of 88. She was a pioneer in the horse racing industry, and she is remembered as one of the most successful female horse owners in history.

Penny Chenery’s Net Worth

Penny Chenery’s net worth is estimated to be $100 million. Chenery’s wealth was accumulated through her successful career as a horse owner and breeder. Chenery’s most famous horse was Secretariat, who won the Triple Crown in 1973. Secretariat’s victory made Chenery a household name, and it also helped to increase the value of her horse-breeding business.

In 1983, Chenery sold her horse-breeding business to the Coca-Cola Company for $100 million. This sale significantly increased Chenery’s net worth, and it also allowed her to retire from the horse racing industry.

Chenery’s net worth is a testament to her success as a horse owner and breeder. She was a pioneer in the industry, and she helped to make horse racing more popular in the United States. Chenery’s legacy will continue to inspire future generations of horse owners and breeders.

Penny Chenery’s Philanthropy

Penny Chenery was a lifelong philanthropist who devoted her time and resources to a variety of causes, including animal welfare, education, and healthcare. She was a founding member of the Thoroughbred Retirement Foundation (TRF), which provides lifetime care for retired racehorses, and she served on the board of directors of the National Sporting Library and Museum. She also donated generously to the University of Virginia, her alma mater, and to the Virginia Museum of Fine Arts.

Chenery’s philanthropy was inspired by her love of animals and her belief that everyone deserves a second chance. She was particularly passionate about helping retired racehorses, whom she saw as deserving of a dignified retirement after their years of hard work. She also believed that education was the key to a better future, and she supported a number of educational institutions.

Chenery’s philanthropy made a lasting impact on the lives of countless people and animals. She was a true humanitarian who dedicated her life to helping others.

Penny Chenery’s Legacy

Penny Chenery was a pioneer in the world of horse racing. She was the first woman to own and train a Triple Crown winner, and she helped to break down barriers for women in the sport. She was also a successful businesswoman and a dedicated philanthropist.

Chenery’s legacy is one of courage, determination, and success. She showed the world that anything is possible if you set your mind to it. She was a role model for women and girls everywhere, and her story will continue to inspire people for generations to come.

Here are some of the ways that Penny Chenery’s legacy continues to live on:

• She is considered one of the greatest female horse owners and trainers of all time.
• She was inducted into the National Museum of Racing and Hall of Fame in 1988.
• She received the Presidential Medal of Freedom in 1991.
• Her story was told in the 1999 film “Secretariat,” which starred Diane Lane as Chenery.
• The Penny Chenery Award is given annually to a woman who has made a significant contribution to the sport of horse racing.

Penny Chenery was a remarkable woman who left a lasting legacy on the world. She was a pioneer, a role model, and an inspiration. Her story will continue to be told for generations to come.

Q: What is Penny Chenery’s net worth?

A: Penny Chenery’s net worth is estimated to be $100 million.

Q: How did Penny Chenery make her money?

A: Penny Chenery made her money through her horse racing career. She was the owner of the 1973 Triple Crown winner Secretariat.

Q: What are some of Penny Chenery’s most notable accomplishments?

A: Penny Chenery’s most notable accomplishments include:

• Winning the 1973 Triple Crown with Secretariat
• Being inducted into the National Museum of Racing and Hall of Fame in 1982
• Writing the book “Secretariat: The Story of a Champion”
• Receiving the Presidential Medal of Freedom in 1999

Q: What is Penny Chenery’s legacy?

A: Penny Chenery is considered one of the most successful horse owners in history. She is also an inspiration to women and girls who are interested in horse racing.

Q: How can I learn more about Penny Chenery?

A: There are a few ways to learn more about Penny Chenery:

• Read her book “Secretariat: The Story of a Champion”
• Watch the movie “Secretariat”
• Visit the National Museum of Racing and Hall of Fame in Saratoga Springs, New York
• Visit the Penny Chenery Education Center at Keeneland Racecourse in Lexington, Kentucky

  Penny Chenery was a successful businesswoman and philanthropist who had a net worth of $100 million. She was born in 1922 and died in 2017. She is best known for her role in the Kentucky Derby win of Secretariat in 1973. Chenery was also a major contributor to the Thoroughbred industry and was inducted into the National Museum of Racing and Hall of Fame in 1988. She left a lasting legacy as a pioneer for women in business and a champion for the Thoroughbred industry.